No Retreat, No Surrender!!!

In an amazing turn of events the US Congress and Senate have refused to rubber stamp the Bush administrations economic bail out plan for wall street!

I am shocked, I thought all these political fat cats had been bought and paid for years ago. Apparently the out cry from the people screaming to add transparent checks and balances to any $700-Billion bail out plan somehow got through to the narcissistic, corrupt, and ignorant representatives in this election year.

So, WE DID IT. The majority of our voting population, realizing we really have nothing left to loose from a crashing stock market, because we don't own stock, we don't have homes, or good jobs, or anything of real value, like the economic opportunity of upward mobility based upon a just and fair objective competition of individual merit. Just a bleak future, dominated by corporations and crushed by government. So, our only choice pay for the bailout by devaluing the dollar and saddling our children with insurmountable debt far into the future, or watching the stock-market fall and crash, which will level the playing field between the rich and poor, we choose to let them fall!

Now what? I think we need great changes, yes we need new politics, throw the bums out, but this economy still needs to be stabilized with a RATIONAL and JUST Fiscal Plan. I suggest that we follow the Kucinich Doctrine, a complete plan to build transparency and ethics into the system.

Force your congress person to read this plan and implement these new rules if they wish to install a bail out plan:
1) Tell your friends
2) Contact your representatives
3) Support those who are fighting for your interests

The Kucinich Requirements

insist that all of the following issues be considered in whatever Congress passes:

1) Reinstatement of the provisions of Glass-Steagall, which forbade speculation

2) Re-regulation of the finance, insurance, and real estate industries

3) Accountability on the part of those who took the companies down:
-- a) resignations of management
-- b) givebacks of executive compensation packages
-- c) limitations on executive compensation
-- d) admission by CEO's of what went wrong and how, prior to any government bailout

4) Demands for transparencey
-- a) with respect to analyzing the transactions which took the companies down
-- b) with respect to Treasury's dealings with the companies pre and post-bailout

5) An equity position for the taxpayers
-- a) some form of ownership of assets

6) Some credible formula for evaluating the price of the assets that the government is buying.

7) A sunset clause on the legislation

8) Full public disclosure by members of Congress of assets held, with possible conflicts put in blind trust.

9) A ban on political campaign contributions from officers of corporations receiving bailouts

10) A requirement that 2008 cycle candidates return political contributions to officers and representatives of corporations receiving bailouts

And, most importantly, some mechanism for direct assistance to homeowners saddled with unreasonable or unmanageable mortgages, as well as protection for renters who have lived up to their obligation but fall victim to financial tragedy when the property they live in undergoes foreclosure.

USE COMMON SENSE! WE HAVE NOTHING TO LOOSE! IF THIS FAILS, WE THE PEOPLE WILL BE ECONOMICALLY EQUAL TO THE WEALTHY ELETE AND THERE WILL BE NEW OPPORTUNITY FOR ALL, LIMITED ONLY BY YOUR ABILITY. IF THIS WORKS, WE WILL HAVE THE REFORMS IN THE SYSTEM WE NEED TO REQUIRE TRANSPARENCY AND ACCOUNTABILITY, AND THE SYSTEM WILL CONTINUE.